Max Pain — TLT
Data as of market close Apr 2, 2026
TLT Max Pain Data
- Max Pain Strike
- $86.50
- Expected Move
- ±$0.64 (±0.7%)
- Days to Expiry
- 4
- Total Call OI
- 33,248
- Total Put OI
- 32,174
- Put/Call OI Ratio
- 0.97
- Spot Price
- $86.79
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-06 | $86.50 | 4/3/2026, 1:47:05 AM |
| 2026-04-08 | $86.50 | 4/3/2026, 1:47:05 AM |
| 2026-04-10 | $87.00 | 4/3/2026, 1:47:05 AM |
| 2026-04-17 | $86.00 | 4/3/2026, 1:47:05 AM |
| 2026-04-24 | $87.00 | 4/3/2026, 1:47:05 AM |
| 2026-05-01 | $87.00 | 4/3/2026, 1:47:05 AM |
| 2026-05-08 | $87.00 | 4/3/2026, 1:47:05 AM |
| 2026-05-15 | $87.00 | 4/3/2026, 1:47:05 AM |
| 2026-06-18 | $88.00 | 4/3/2026, 1:47:05 AM |
| 2026-06-30 | $88.00 | 4/3/2026, 1:47:05 AM |
| 2026-07-17 | $89.00 | 4/3/2026, 1:47:05 AM |
| 2026-08-21 | $88.00 | 4/3/2026, 1:47:05 AM |
| 2026-09-18 | $88.00 | 4/3/2026, 1:47:05 AM |
| 2026-09-30 | $87.00 | 4/3/2026, 1:47:05 AM |
| 2026-10-16 | $88.00 | 4/3/2026, 1:47:05 AM |
| 2026-11-20 | $88.00 | 4/3/2026, 1:47:05 AM |
| 2026-12-18 | $88.00 | 4/3/2026, 1:47:05 AM |
| 2026-12-31 | $89.00 | 4/3/2026, 1:47:05 AM |
| 2027-01-15 | $88.00 | 4/3/2026, 1:47:05 AM |
| 2027-02-19 | $87.00 | 4/3/2026, 1:47:05 AM |
| 2027-03-19 | $86.00 | 4/3/2026, 1:47:05 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 72 | 0 | 34158050 | 34158050 |
| 73 | 0 | 30945650 | 30945650 |
| 74 | 0 | 27733350 | 27733350 |
| 75 | 0 | 24522350 | 24522350 |
| 76 | 0 | 21457450 | 21457450 |
| 77 | 0 | 18459850 | 18459850 |
| 78 | 0 | 15472250 | 15472250 |
| 79 | 0 | 12507950 | 12507950 |
| 80 | 0 | 10122950 | 10122950 |
| 81 | 0 | 8092550 | 8092550 |
| 82 | 100 | 6174150 | 6174250 |
| 82.5 | 350 | 5275600 | 5275950 |
| 83 | 650 | 4404500 | 4405150 |
| 83.5 | 1200 | 3576000 | 3577200 |
| 84 | 1800 | 2839100 | 2840900 |
| 84.5 | 2600 | 2131700 | 2134300 |
| 85 | 3450 | 1501100 | 1504550 |
| 85.5 | 8500 | 922150 | 930650 |
| 86 | 15500 | 435600 | 451100 |
| 86.5 | 100900 | 170250 | 271150 |
View max pain levels for TLT options across expiration dates. Max pain marks the strike where the most contracts expire worthless — the point of maximum loss for option holders — along with the full open interest distribution.